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M Science analyst Corey Barrett, in a note published before the open, said he expects Netflix to report Q3 international subscriber additions of 2.18M, which is above the 2M subscriber consensus forecast. Previously, M Science said Netflix churn indications in July and August led it to set a domestic paid net subscriber addition estimate for Q3 of zero, below the Q3 consensus estimate of 351,000 and guidance of 400,000. Combining the two, the firm estimates Netflix will report Q3 global streaming subscriber additions of 2.08M, which is below the consensus estimate of 2.3M.

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NFLXNetflix

$102.63

4.08 (4.14%)

09/21/16

MSCO

09/21/16NO CHANGEMSCO

M Science sees churn driving Q3 domestic subscriber miss at Netflix

Research firm M Science estimates that 93% of Netflix's grandfathered subscribers were price-affected by August-end. Based on churn indications in July and August, the firm is setting a domestic paid net subscriber addition estimate for Q3 of zero, which it noted is below the consensus estimate of 351,000 additions and below the company's guidance. Netflix shares are down 3.25% in early trading.

09/23/16

JEFF

09/23/16NO CHANGETarget $76JEFFUnderperform

Netflix survey shows price change having an impact, says Jefferies

Jefferies analyst John Janedis says his firm's survey, which targeted more than 1,100 Netflix (NFLX) subscribers that have received the price change notification, indicates the change is having an impact and that Amazon Prime (AMZN) is gaining market share. Of those surveyed, 16% who accepted the price change indicated that they would cancel their subscription if Netflix raised prices by another $1 in the next 24 months, Janedis tells investors in a research note. Further, the analyst notes that almost 50% of respondents that accepted the price change from Netflix identified Amazon Prime as another primary platform they use to watch video content. Among respondents leaving Netflix, 45% indicated that Amazon Prime will be their primary streaming platform going forward. Janedis keeps an Underperform rating on Netflix with a $76 price target.

09/26/16

UBSW

09/26/16NO CHANGETarget $92UBSWNeutral

Consumer satisfaction with competitors has caught up to Netflix, says UBS

UBS analyst Doug Mitchelson said that the firm's Evidence Lab survey indicated that U.S. consumer satisfaction with Amazon Prime Video (AMZN) and Hulu - the joint venture owned by Time Warner (TWX), Comcast (CMCSA), 21st Century Fox (FOXA), and Disney (DIS) - has now caught up to Netflix (NFLX), advising that investors should "continue to monitor competitive threats closely" as Netflix leads the category but demand for consumer media time, attention and wallet has intensified. The analyst, who added that Netflix's "pricing power remains unclear" based on the firm's survey work, keeps a Neutral rating and $92 price target on Netflix shares.

09/27/16

JPMS

09/27/16NO CHANGETarget $125JPMSOverweight

Netflix price target raised to $125 from $116 at JPMorgan

JPMorgan analyst Doug Anmuth raised his price target for Netflix to $125 on a roll forward to his 2017 estimates. The analyst keeps an Overweight rating on the shares. The target is for December 2017.